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Pakistan's mangrove forests could generate an annual income ranging from $20 million to $50 million by tapping into the global carbon market

Pakistan's Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, made a statement on Saturday about Pakistan...

Annual potential of Pakistan's mangrove carbon market: $20 million to $50 million up for grabs
Annual potential of Pakistan's mangrove carbon market: $20 million to $50 million up for grabs

Pakistan's mangrove forests could generate an annual income ranging from $20 million to $50 million by tapping into the global carbon market

In the coastal regions of Balochistan and Sindh, mangrove rehabilitation programs are making significant strides, contributing to the protection of the coastline against erosion and flooding, and sustaining vital sectors such as fisheries, coastal tourism, and local livelihoods.

One of the key areas in Balochistan that is undergoing rehabilitation is the Miani Hor, which has been designated as a Marine Protected Area. This region hosts some of the country's thriving mangrove forests, with three species naturally present, and has been protected since 2022.

On a global scale, the focus on conserving and restoring mangrove ecosystems, such as the one in Balochistan, is of significant importance. The Delta Blue Carbon project, a public-private partnership launched in 2015 by the Government of Sindh and Indus Delta Capital, is one such initiative. The project aims to restore and protect mangrove forests across more than 3,500 square kilometers of the Indus Delta.

The Delta Blue Carbon project in Sindh has already generated around $40 million in carbon credit sales, demonstrating the potential of these initiatives to generate substantial revenue. While Balochistan's mangrove area is significantly smaller, about 4,058 hectares, its carbon sequestration value per hectare is similar to that in Sindh.

The carbon market potential of Pakistan’s mangrove forests, particularly those in Sindh, is promising. The Delta Blue Carbon project, covering 350,000 hectares, is projected to generate billions of dollars over the coming decades. Nationwide, potential revenues from mangrove carbon credits range from $20 million to $50 million annually, with Balochistan's contribution being a valuable part of Pakistan’s carbon market strategy, albeit on a smaller scale due to the smaller mangrove extent.

The health of mangrove ecosystems is deeply connected to the future of fisheries, coastal tourism, and sustainable resource management. The decline of these ecosystems threatens the foundations of these vital sectors and the well-being of coastal communities. Therefore, the ongoing efforts to rehabilitate and protect mangrove forests in Balochistan and Sindh are crucial for Pakistan's climate resilience and carbon trading programs.

References: 1. [Link to Reference 1] 2. [Link to Reference 2] 3. [Link to Reference 3] 4. [Link to Reference 4] 5. [Link to Reference 5]

  1. The Miani Hor in Balochistan, with its thriving mangrove forests and carbon sequestration value, could be a valuable investment opportunity in real-estate and environmental science, given the potential revenues from mangrove carbon credits.
  2. The Delta Blue Carbon project in Sindh demonstrates the potential of mangrove rehabilitation programs to generate significant finance through carbon credit sales, with $40 million already earned and billions projected over the coming decades.
  3. In the realm of finance and investing, the conservation and restoration of mangrove ecosystems, like the one in Balochistan, can offer attractive indexes for sustainable and eco-friendly ventures, due to their climate-change mitigation benefits.
  4. As a key part of Pakistan's climate resilience strategy, the ongoing mangrove rehabilitation programs in Balochistan and Sindh not only contribute to the protection of coastlines but also support the value of science, particularly environmental-science, in combating climate-change and fostering a sustainable environment.
  5. The growing attention on mangrove conservation, as seen in projects like the Delta Blue Carbon, highlights the importance of these unique ecosystems in supporting vital sectors like fisheries, coastal tourism, and local livelihoods, while simultaneously providing numerous economic and scientific benefits.

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